The estimated number of banks and thrifts in the United States fell from around 31,000 in 1920 to 26,000 in 1929, when the onset of the Great Depression would then see it fall further, below 15,000 in 1933. This marks a cumulative decline of over 16,000 banks and thrifts, which is equal to a drop of more than 52 percent in 13 years. Tumultuous Twenties Despite the economic prosperity associated with the Roarin' 1920s in the U.S., it was a tumultuous decade in financial terms, with more separate recessions than any other decade. However, the 1920s was also privy to frivolous lending policies among many banks, which saw the banking sector collapse in the wake of the Wall Street Crash in 1929. Many banks failed as the Great Depression and unemployment spread across the country, and customers or businesses could not afford to repay their loans. It was only after this financial crisis where the federal government began keeping more stringent and accurate records on its banking sector, therefore precise figures and the reasons behind these bank failures are not always clear. Franklin D. Roosevelt Just two days after assuming office in 1933, Franklin D. Roosevelt drastically declared a bank holiday, and all banks in the country were closed from March 6 until March 13. This break allowed Congress to pass the Emergency Banking Act on March 9, which saw the Federal Reserve provide deposit insurance for all reopened banks thereafter. Through his first fireside chat, Roosevelt then encouraged Americans to re-deposit their money in the banks again, which successfully restored much of the public's faith in the banking system - it is estimated that over half of the cash withdrawn during the Great Depression was then returned to the banks by March 15.

Graph and download economic data for Number of Bank Branches for United States (DDAI02USA643NWDB) from 2004 to 2019 about banks, depository institutions, and USA.

Real-time reporting of bank, thrift and credit union branches.

Graph and download economic data for Commercial Banks in the U.S. (DISCONTINUED) (USNUM) from Q1 1984 to Q3 2020 about commercial, banks, depository institutions, and USA.

In 2023, the number of data compromises in the financial services industry in the United States reached 744, up from 138 such incidents in 2020. The financial services sector was the second-most targeted industry by cyber security incidents resulting in data compromise. The number of data compromises includes data breaches, as well as exposure and leakage of private data.

Over the course of the 1920s, the value of money deposited in commercial banks grew at a fairly steady rate, rising from around 19 billion U.S. dollars in 1921 (the initial dip was due to the post-WWI recession), to 25 billion at the end of the decade. However, the onset of the Great Depression saw these figures drop drastically, and the value of deposits fell from around 26 to 16 billion dollars between 1930 and 1933. This was not only due to high unemployment and lower wages, but many Americans also lost faith in the banks during the Depression - many blamed the banks for the Depression as frivolous lending practices had contributed to the Wall Street Crash; banks demanded early repayment of debts and often repossessed the property of those who could not afford to do so (also leading to evictions), and many banks failed after the Crash and were not perceived as safe. It was not until 1936 where deposits in commercial banks returned to their pre-Depression levels, after the Roosevelt administration put a number of safeguards in place and helped restore public faith in the American banking system.

In contrast to commercial banks, the total amount of money deposited in savings accounts continued to rise throughout the Great Depression, albeit at a much slower rate than in the 1920s. The reason for continued increase was due to the disproportionate impact the Depression had across socioeconomic groups - most working and middle-class Americans did not have the means to have a savings account

About this dataset

Context

The dataset tabulates the Banks population distribution across 18 age groups. It lists the population in each age group along with the percentage population relative of the total population for Banks. The dataset can be utilized to understand the population distribution of Banks by age. For example, using this dataset, we can identify the largest age group in Banks.

Key observations

The largest age group in Banks, AR was for the group of age 5 to 9 years years with a population of 34 (18.58%), according to the ACS 2018-2022 5-Year Estimates. At the same time, the smallest age group in Banks, AR was the 85 years and over years with a population of 0 (0%). Source: U.S. Census Bureau American Community Survey (ACS) 2018-2022 5-Year Estimates

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2018-2022 5-Year Estimates

Age groups:

• Under 5 years
• 5 to 9 years
• 10 to 14 years
• 15 to 19 years
• 20 to 24 years
• 25 to 29 years
• 30 to 34 years
• 35 to 39 years
• 40 to 44 years
• 45 to 49 years
• 50 to 54 years
• 55 to 59 years
• 60 to 64 years
• 65 to 69 years
• 70 to 74 years
• 75 to 79 years
• 80 to 84 years
• 85 years and over

Variables / Data Columns

• Age Group: This column displays the age group in consideration
• Population: The population for the specific age group in the Banks is shown in this column.
• % of Total Population: This column displays the population of each age group as a proportion of Banks total population. Please note that the sum of all percentages may not equal one due to rounding of values.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Banks Population by Age. You can refer the same here

Graph and download economic data for Commercial Banks in the U.S. with average assets under $1B (DISCONTINUED) (US1NUM) from Q1 1984 to Q3 2020 about commercial, assets, banks, depository institutions, and USA.

Graph and download economic data for Deposits, All Commercial Banks (DPSACBM027NBOG) from Jan 1973 to Feb 2025 about deposits, banks, depository institutions, and USA.

The number of FDIC-insured commercial bank branches increased in 2023 for the first time since 2012. At the end of the year, there were 69,996 branches in the country, up from 69,905 a year earlier. After a period of growth from 2000 to 2008, the number of bank branches has been slowly diminishing. In 2023, JPMorgan Chase led the ranking of banks with the highest number of branches. What does the FDIC do? The FDIC (Federal Deposit Insurance Corporation) is an agency created by the United States Congress that guarantees the deposits in commercial banks up to 250,000 U.S. dollars. This protects depositors if the bank becomes insolvent. It also enables banks to issue more loans, since depositors may prefer banks that are insured by the FDIC. Trends in the banking industry While the number of branches has stayed relatively stable, the number of FDIC-insured commercial banks has declined in recent years. As younger generations become more accustomed to online and digital banking, the need for bank branches may also wane.

The FR 2644 is a balance sheet report that is collected as of each Wednesday from an authorized stratified sample of 875 domestically chartered commercial banks and U.S. branches and agencies of foreign banks. The FR 2644 is the only source of high-frequency data used in the analysis of current banking developments. The FR 2644 collects sample data that are used to estimate universe levels for the entire commercial banking sector in conjunction with data from the quarterly commercial bank Consolidated Reports of Condition and Income (FFIEC 031, FFIEC 041, and FFIEC 051; OMB No. 7100-0036) and the Report of Assets and Liabilities of U.S. Branches and Agencies of Foreign Banks (FFIEC 002; OMB No. 7100-0032) (Call Reports). Data from the FR 2644 and the Call Reports are utilized in construction of weekly estimates of U.S. bank credit, balance sheet data for the U.S. commercial banking sector, and sources and uses of banks' funds, and to analyze current banking developments, including the monitoring of broad credit and funding conditions. The Board publishes the data in aggregate form in the weekly H.8 statistical release, Assets and Liabilities of Commercial Banks in the United States, which is followed closely by other government agencies, the banking industry, financial press, and other users. The H.8 release provides a balance sheet for the commercial banking industry as a whole as well as disaggregated data for three bank groups: large domestically chartered banks, small domestically chartered banks, and U.S. branches and agencies of foreign banks.

The FFIEC 002 is mandated by the International Banking Act (IBA) of 1978. It collects balance sheet and off-balance-sheet information, including detailed supporting schedule items, from all U.S. branches and agencies of foreign banks. The FFIEC 002S collects information on assets and liabilities of any non-U.S. branch that is managed or controlled by a U.S. branch or agency of a foreign bank.

United States - Total Assets, All Commercial Banks was 23833.17370 Bil. of U.S. $ in March of 2025, according to the United States Federal Reserve. Historically, United States - Total Assets, All Commercial Banks reached a record high of 23972.36330 in February of 2025 and a record low of 699.56240 in January of 1973. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Total Assets, All Commercial Banks - last updated from the United States Federal Reserve on March of 2025.

United States FDIC Commercial Banks: Return on Equity data was reported at 11.147 % in Dec 2024. This records an increase from the previous number of 11.044 % for Sep 2024. United States FDIC Commercial Banks: Return on Equity data is updated quarterly, averaging 10.377 % from Dec 2001 (Median) to Dec 2024, with 93 observations. The data reached an all-time high of 15.530 % in Dec 2003 and a record low of -10.150 % in Dec 2008. United States FDIC Commercial Banks: Return on Equity data remains active status in CEIC and is reported by Federal Deposit Insurance Corporation. The data is categorized under Global Database’s United States – Table US.KB088: Performance and Condition Ratios.

About this dataset

Context

The dataset tabulates the data for the Banks, AR population pyramid, which represents the Banks population distribution across age and gender, using estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates. It lists the male and female population for each age group, along with the total population for those age groups. Higher numbers at the bottom of the table suggest population growth, whereas higher numbers at the top indicate declining birth rates. Furthermore, the dataset can be utilized to understand the youth dependency ratio, old-age dependency ratio, total dependency ratio, and potential support ratio.

Key observations

• Youth dependency ratio, which is the number of children aged 0-14 per 100 persons aged 15-64, for Banks, AR, is 42.2.
• Old-age dependency ratio, which is the number of persons aged 65 or over per 100 persons aged 15-64, for Banks, AR, is 10.8.
• Total dependency ratio for Banks, AR is 53.0.
• Potential support ratio, which is the number of youth (working age population) per elderly, for Banks, AR is 9.2.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates.

Age groups:

• Under 5 years
• 5 to 9 years
• 10 to 14 years
• 15 to 19 years
• 20 to 24 years
• 25 to 29 years
• 30 to 34 years
• 35 to 39 years
• 40 to 44 years
• 45 to 49 years
• 50 to 54 years
• 55 to 59 years
• 60 to 64 years
• 65 to 69 years
• 70 to 74 years
• 75 to 79 years
• 80 to 84 years
• 85 years and over

Variables / Data Columns

• Age Group: This column displays the age group for the Banks population analysis. Total expected values are 18 and are define above in the age groups section.
• Population (Male): The male population in the Banks for the selected age group is shown in the following column.
• Population (Female): The female population in the Banks for the selected age group is shown in the following column.
• Total Population: The total population of the Banks for the selected age group is shown in the following column.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Banks Population by Age. You can refer the same here

Graph and download economic data for Total Deposits, All Commercial Banks for United States (M1445AUSM144SNBR) from May 1907 to Dec 1945 about deposits, commercial, banks, depository institutions, and USA.

Abstract copyright UK Data Service and data collection copyright owner. The OECD Banking statistics database includes data from 1979 to 2009 on classification of bank assets and liabilities, income statement and balance sheet and structure of the financial system for OECD countries. The OECD have discontinued this dataset, so no further updates will be made. The OECD Banking Statistics are presented in the following tables (some tables will include missing data): Classification of bank assets and liabilities This dataset provides the composition of bank assets and liabilities of residents and non-residents denominated in domestic and foreign currencies based on financial statements of banks in each OECD member country and Russia. Data are reported at current prices in millions of national currency and in millions of Euros for OECD countries. The data covers the years starting from 2005 extending until 2009. The countries covered are Austria, Belgium, Canada, Chile, Czech Republic, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Israel, Italy, Japan, Korea, Luxembourg, Netherlands, New Zealand, Norway, Poland, Portugal, Slovak Republic, Slovenia, Spain, Sweden, Switzerland, Turkey, United Kingdom, and Russian Federation. Income statement and balance sheet This comparative tables comprises statistics on country’s financial profiles by presenting their respective extensive income statements, balance sheets and capital adequacy by banking group that can be further analyzed by type of financial institution such as commercial banks, savings banks co-operative banks and other monetary institutions. This dataset provides information on income statements, balance sheets and capital adequacy by banking group. Data are reported at current prices in millions of national currency. The data covers the years starting from 1979 extending until 2009. The countries covered are Austria, Belgium, Canada, Chile, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Israel, Italy, Japan, Korea, Luxembourg, Mexico, Netherlands, New Zealand, Norway, Poland, Portugal, Slovak Republic, Slovenia, Spain, Sweden, Switzerland, Turkey, United Kingdom, United States and Russian Federation. Structure of the financial system This dataset provides information on the overall structure of the financial system per country by type of institution and their components: Central banks, other monetary institutions, other financial institutions and insurance institutions. Data relate to number of institutions, number of branches, number of employees, total assets and liabilities and total financial assets. The data covers the years starting from 1979 extending until 2009. The countries covered are Austria, Belgium, Canada, Chile, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Israel, Italy, Japan, Korea, Luxembourg, Mexico, Netherlands, New Zealand, Norway, Poland, Portugal, Slovak Republic, Slovenia, Spain, Sweden, Switzerland, Turkey, United Kingdom, United States and Russian Federation. These data were first provided by the UK Data Service in December 2014. Main Topics: • Banking • Financial statement • Financial structure • Financial system • Monetary institutions • Monetary system 1979 2009 ACCOUNTING ASSETS Afghanistan Albania Algeria Andorra Angola Antigua and Barbuda Argentina Armenia Aruba Australia Austria Azerbaijan BANKS Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bosnia and Herzegovina Botswana Brazil Brunei Darussalam Bulgaria Burkina Faso Burundi CURRENCIES Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Rep... Chad Channel Islands Chile China Colombia Comoros Congo Costa Rica Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Economic conditions... Ecuador Egypt El Salvador Equatorial Guinea Estonia Ethiopia Europe European Union Coun... FINANCIAL INSTITUTIONS Faroe Islands Finland France Gabon Gambia Georgia Germany October 1990 Ghana Gibraltar Greece Grenada Guatemala Guinea Guinea Bissau Honduras Hong Kong Hungary INSURANCE Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Jamaica Japan Jordan Kazakhstan Kenya Kosovo Kuwait Kyrgyzstan Latvia Lebanon Lesotho Liberia Lithuania Luxembourg MONETARY ECONOMICS Macao Macedonia Madagascar Malawi Malaysia Mali Malta Mauritania Mauritius Mexico Moldova Montenegro Morocco Mozambique Multi nation Namibia Nepal Netherlands New Zealand Nicaragua Niger Nigeria Norway Romania Russia Rwanda Saint Lucia Saint Martin Saint Vincent Saotome Saudi Arabia Senegal Serbia Seychelles Sierra Leone Singapore Slovakia Slovenia Solomon Islands Somalia South Africa South Korea Spain Sri Lanka Sudan Surinam Swaziland Switzerland Tajikistan Tanzania Thailand Togo Trinidad and Tobago Turkey Turkmenistan Uganda Ukraine United Kingdom United States Uruguay Uzbekistan Vanuatu Venezuela Vietnam Virgin Islands USA Zambia Zimbabwe

Bank overhead costs to total assets (%) in United States was reported at 2.4116 % in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. United States - Bank overhead costs to total assets - actual values, historical data, forecasts and projections were sourced from the World Bank on March of 2025.

Financial statement filings from banks and credit unions.

United States Domestic Banks: sa: Other Assets data was reported at 1,301.538 USD bn in Jun 2018. This records a decrease from the previous number of 1,306.913 USD bn for May 2018. United States Domestic Banks: sa: Other Assets data is updated monthly, averaging 171.187 USD bn from Jan 1973 (Median) to Jun 2018, with 546 observations. The data reached an all-time high of 1,374.234 USD bn in Oct 2010 and a record low of 27.686 USD bn in Jan 1973. United States Domestic Banks: sa: Other Assets data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s USA – Table US.KB006: Balance Sheet: Commercial Banks: Domestic Chartered Commercial Banks: Monthly.